News of this was filtering around out on Beach rd/Nepean hwy, Would of been about 10 am when I heard. No idea of how it happened but there is a lot of shop rides and bunch rides on a Saturday morning and wouldn't be surprised at all to hear the cyclist was at fault. Some people do some pretty careless things when riding in a bunch along there.

Slightly off-topic but as someone who has pulled a horsefloat on multiple occasions (as well as being a cyclist) if a float was loaded with horses they do not stop quickly and are very difficult to manoeuvre or dodge unexpected objects. They are marginally easier to stop sans horses (obviously because you don't have an extra approx. 500-1000kgs of horse/s moving around in there and don't have to worry about injuring the horse). When I see a car towing a float whilst driving I always give them plenty of room and don't begrudge them when they are doing 10km or more below the speed limit.

I hope both the cyclist, the float driver and the horses are all okay (if there were horses in there).

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